24 Burst results for "Real Estate Mogul"
Former real estate CEO Michael Lyon back in Sacramento County Jail on drug charges
"Estate mogul in Sacramento remains in prison after his appeal was denied Cape because Johnny De Agostini has that story. A Sacramento court is denying Mike Lyons appeal of his conviction for secretly filming prostitutes in his home. The real estate mogul claimed he was convicted unfairly in the case, saying prostitutes do not have a reasonable expectation of privacy. The appeal was denied yesterday by the third District Court of Appeal in Sacramento. Lyons is currently serving a six year, four month sentence in state prison given in 2018, Johnny D. Augustine e News 93.1 KFBK You County
Officials fear that Trump could reveal national secrets
"A CBS News time 9 42. When Presidents leave office, a lot of high level secrets go with them, as has a lot of current and former intelligence officials worried about a former president Trump becoming a national security risk. We hear from KCBS is Rebecca Karan, former presidents have a vast knowledge of the nation's high level top secret. Putting those kinds of details in the hands of a security risk is a dangerous proposition. Yet numerous current and former Intel officials told The Washington Post that an out of office president Trump fits the profile of a counterintelligence risk know that he is in great deal of debt. He is less with some intelligence information. He is already shown that he is vindictive. He likes to get revenge on people he feels have wronged. KCBS political analyst Marc Sandalow no question that President Trump has access and power over information right now that he could never have dreamed up when he was just a reality TV and real estate mogul From years ago, there was an awful lot of concern even when he was president elect that the information we give it to Donald Trump on a daily basis was a national security threat, Sandalow says. President Trump has mostly kept quiet about what he knows, although there have been incidents Colluding Trump telling Russia's foreign minister about some highly classified Intel on the Islamic state, which jeopardized the person who gave us the info. Trump is paying attention. He would know everything from nuclear missiles and where ours are what plans other countries might have to threaten unites states. He would know the name of spies, he would know what information we have about other country. However, White House sources suggest that if Might reduce the risk of a former president Trump spilling secrets the president, they say early on side that he really was bored by these briefings. And when he had these great things, they often gave him power points, so they were much reduced in simpler It doesn't mean he doesn't have a lot of secret
After Trump, foreign allies wonder if they can trust America, say former officials
"Lot of high level secrets go with him. This has a lot of current and former intelligent officials worried about a former president Trump becoming a national security risk as we hear from KCBS is Rebecca Coral, former presidents have a vast knowledge of the nation's high level top secrets. Putting those kinds of details in the hands of a security risk is a dangerous proposition. Yet numerous current and former Intel officials told The Washington Post that an out of office president Trump Fits the profile of a counterintelligence risk that he is in a great deal of debt. He is loose with some intelligence information. He has already shown that he is vindictive that he likes to get revenge on people he feels have long KCBS political analyst Marc Sandalow no question that President Trump has access and power over information right now that he could never have dreamed up when he was just a reality TV and real estate mogul. Three years ago, There was an awful lot of concern even when he was president elect that the information we give it to Donald Trump on a daily basis was a national security threat, Sandalow says. President Trump has mostly kept quiet about what he knows, although there have been incidents, including Trump, telling Russia's foreign minister about some highly classified Intel on the Islamic state, which jeopardized the person who gave us the info, Trump is paying attention. He would know everything from nuclear missiles and where ours are what plans other Countries might have to threaten United States He would know the name of spies. He would know what information we have about other country. However, White House sources suggest that if might reduce the risk of a former president trump spilling secrets, the president they say early on side that he really was bored by these briefings. And when you have these briefings, Delfin gave him power points, so they were much reduced in simpler It doesn't mean he doesn't have a lot of secret information, but it means he probably is nowhere. A great deal of detail. Rebecca Quarrel KCBS back to the sports
Trump paid just $750 in US income tax in election year.
"Some who see it as a neo colonial foray. Donald Trump paid just seven hundred and fifty dollars in federal income taxes. The year he ran for president and in his first year in the White House according to a report yesterday in the New York. Times. Trump who has fiercely guarded he's tax filings and is the only president in modern times not to make them public pay no federal income taxes in ten of the past fifteen years. He campaigned for office as a billionaire, real estate mogul and successful businessman. Speaking at a news conference at the White House trump dismissed the report and said he has paid taxes though he gave no specifics. The disclosure which the time says comes from tax return data is obtained extending over two decades comes at a pivotal moment ahead of the first presidential debate on Tuesday and weeks before divisive election against Democrat Joe Biden. The president vowed that information about his taxes will all be revealed but he offered no timeline for disclosure and made similar promises during the two thousand sixteen campaign on which he never followed through. In fact, the president has fielded court challenges against those seeking to access his returns including the
Inclusion of FBI building in coronavirus relief proposal frustrates Republicans
"Well. Let's talk a little bit more about What Republicans are proposing because it appears that there is a little bit of a disconnect between the White House and the Senate Gop so. The GOP GOP's corona virus relief bill contains funding to essentially construct brand new FBI headquarters in Washington DC. And if this proposal is carried out the way that the White House Donald Trump specifically is envisioning, it could make the trump organization quite a bit of money again going back to nonstop violations of the emoluments clause Democrats refused to hold Donald Trump accountable for that, and now we see in real time. We've been seeing in real time. How much of an? Impact it half as on our tax dollars and decisions that are made by Congress, so trump would like this brand new building. In Washington DC the previous plan was to build the FBI headquarters in the DC suburbs, but there would be an issue there because it could potentially open up some competition for a trump hotel in Washington DC so the White House has been trying to find ways to include funding for this new FBI building in the next stimulus bill in in response to the pandemic. Now it turns out that Senate Majority Mitch McConnell was blindsided by the inclusion of the provisions in the Republican proposal I. Want to go to the next video where you can see his real thoughts on this. Being the FBI and. I'm not sure that is. there. I think this is a starting place you can see that we've had a lot of our members involved, and we can't pass a bill in the Senate without Democrats, nor obviously pass the house. So every bill has to start somewhere. The Republicans are in the majority in the Senate. This is starting place and we'll get you all have plenty of stories to cover along the way. As we have these discussion back and forth across party lines and with the administration. So, Benjamin, obviously be funding for a brand new FBI building, nearly two billion dollars to fund this by the way has nothing to do with financial or economic relief related to Corona Virus I. Just wanted to get your thoughts on video. We just watched because it was clear that Mitch McConnell was blindsided five days and does not agree with the inclusion of this particular provision, but you forget an. An inside of the of the bill. It says that it's an to help the FBI, prepare for the corona virus. So you know I I'm not sure exactly how they're going to prepare for it. When it's a full blown pandemic in this country, and it's kind of late for that, but the rub here really is Donald Trump's role in this and the role. He's concerned with the FBI. FBI building potentially becoming sub competition for him, but when I researched the story, a little more, and I went back to some of the talking points they gave originally in two thousand and eighteen. They really cast as something as because Donald. Trump is a real estate mogul, and that because he has the insight, and he has the ability to make sure that the American taxpayers get the best deal and. And that was kind of the end of the conversation I think what has to happen here, is it? Reporters have the press every single day that this comes up, but they should not have ever stopped back in two thousand and eighteen to just accepted at face value that because he made some money in real estate that he was qualified to dictate where the FBI headquarters should be stationed.
Prince Andrew not in Princess Beatrice's official wedding photos
"It's a world wedding with a discouraging from the disconcerting differences. Ellis officials have released the the official official photos photos of of Friday's Friday's private, private, socially socially distance distance wedding wedding of of Princess Princess Beatrice Beatrice to to real real estate estate mogul mogul Eduardo Eduardo map map Early Early Monty. Monty. But But in in a a break break with with royal royal tradition, tradition, the the newlyweds newlyweds are are pictured pictured not not with their parents, but with her grand parents, The Queen and Prince Philip, notably absent from the photos, though not from the ceremony itself. The bride's father, Prince Andrew, under pressure over his friendships with the late convicted pedophile Jeffrey Epstein abstains accused accomplice Dylan Maxwell. The Times of London says the prince appears to have been airbrushed from royal history.
"real estate mogul" Discussed on Squawk Pod
"San Francisco Miami on a per square foot million dollars. No no the the social haga was up there. Chicago was that was just expose San Francisco. La Washington DC. Not Miami. A Miami. I was on there now. Top NOT NOT NOT DALLAS OR HOUSTON. Either Houston Christ performance was Price goes up seven percent last year. Howard Lorber is here. He's the president and CEO of the Vector Group. He's also the chairman of Douglas Element. Of course our guest today is Sam Zell Howard when you start looking around the globe it where you want to invest right now. What jumps out to you. Well what jumps out to me is you know. Vancouver's a good example was up up up until they put taxes on it. Now it's down so the readjustment is happening. So you have to be careful with that but it's interesting to me that when you look and you say the worst performing cities were Price wise or London and New York yet. They're rag number one and two and the Index Knight Frank Index as to where people want to be and that's based on liveability obviously government taxes culture. So people still want to be there so I guess what you would look forward to is appreciation in those markets at some time. New York specifically was hurt this past year because of the mansion taxes and the other taxes that they're still talking about the New York City purchases so taxes obviously have a big impact. What ABOUT CORONA VIRUS? Does that change the picture at all? It's a rapidly. We haven't we haven't seen it yet. In fact We talking earlier is shocking. That are open houses. That broke his half are packed. So maybe they just want to get out and they think that's safe to go So it's pretty. It's pretty busy at Sam. Made the point a little earlier that the reits are still really hanging in there that you haven't seen much of a reaction. Why do you think that is Sam? I think that Priscilla Sir are relatively speaking under leveraged. I mean real estate historically has been a sixty seventy five percent you know. Ltv kind of business. Thirty five percent equity vice. Thousands twenty-five percent a lot of other companies are all much much less leveraged and they have been in the past. I think visit from a trend point of view. I think that the and no argument about the number one choice of markets. But I think more and more affordability is more more of a challenge and I think you know smart growth in this is going to kind of focus on. Where do you go if you can if you can't afford New York or if you can't afford London Nashville Austin his that Madison? Wisconsin is almost overheated. Though you look at the price growth there and it's just there quickly becoming less affordable there quickly kindness affordable but they have one thing necessary to deal with affordability space land lots and lots of land so by almost by definition even though prices mash for gone up a lot still ability to catch up problem in California and I was homeless. Problem is that you have legislative impediment to creating housing supply and so you create a perpetual an environment of shortage which creates size prices in the country and aside from Ford Ability. You've got the wealthy going to Florida because of the changes and California going to Colorado Colorado Texas is your whole business changing to focus on those lower tax states where people wanNA move it happening. Well first of all you have to change because it's happening so if you look at our volume numbers were up. Twenty over twenty percent last year and volume in south Florida and we're down four percent in New York City. I was going to ask you about that if taxes are the number one thing. That really changed the desirability. How huge of an impact has that had here in New York? And you think there'll be a time where it's at the top. It's very big impact. Yeah but the fact is people still want to be in New York. We have you on all the time because you're huge backer of the president and a close friend of the president any comments houses. Have you talked to them? How's he feeling? Excited is one of those you like by. Who's who want to really face you think Biden or burning or I don't think he cares. You'd really I don't think he cares. our over It's been a pleasure. We really appreciate it. Come back to that. Squawk POD for today on our rundown tomorrow. It's jobs Friday. This key indicator tells us how many jobs the US economy created or lost in the previous month. Squawk box hosted by Joe Kernan Becky. Quick and Andrew Ross Sorkin tune in weekday mornings on CNBC at six am eastern border. Bought a sidecar on your motorcycle. I might want to get the hell Outta here. In New York City. Sanitizing could do that to get the smartest takes and analysis from our TV. Show right into your ears. Subscribe to Squawk Pot. You can find us for free on apple podcasts. Spotify stitcher Google podcasts. Wherever you listen we will be. There will be back here tomorrow. Clear thanks guys this. Cnbc podcast is brought to you by TD. Ameritrade investing isn't one-size-fits-all every investor has a unique style. That's why TD AMERITRADE offers two different mobile APPs there's TD ameritrade mobile which lets you manage your portfolio with streamlined. Simplicity or thinker. Swim mobile which gives you tools. You need for more. Advanced Trades and in-depth analysis visit td Ameritrade dot com slash APPs to find the one. That's right for you once again. That's TD AMERITRADE DOT com slash APPs..
"real estate mogul" Discussed on Squawk Pod
"Today's uncertainty may cause you to question your investment strategy but with the right perspective and investment solutions. We think it's possible to stay on track toward long-term goals with Janice Henderson. Abandon your dance. Not your financial goals this pod divining green to roll pray. Good Morning. Welcome back the SQUAWK box right here on CNBC. I'm Andrew Zorkin along with Becky. Quick and Joe Kernan WanNa talk to you about the latest in the corona virus outbreak California declaring a state of emergency as the number of infections in that state skyrock. It's no more than fifty. That's the most in the country. The massive spike is linked to a cruise ship. The recent returned to San Francisco from Hawaiian eleven passengers. Ten crew members were on that boat showing symptoms meantime in New Jersey reporting. It's first presumptive case ours. Making it the seventeenth state to report infection in the nation's capital. House approved a bipartisan. Eight billion dollar spending bill to a US response to the outbreak. Senate expected to pass that Bill. As soon as today and the president has indicated he will sign it into law. It's more than twice the amount that president trump originally had requested. Becky back to you all right. Thank you very much joining us right now to talk about the fight against Corona virus the Center for Global Development Senior Policy Fellow Germany Conde. He is also a member of the World Health. Organization's committee that oversees health emergencies and he led the US government's response to Ebola in West Africa as a director at US aid Germany thank you for being with us today. Can you tell us a little bit about where things stand right now? We've got the results from. Who or it looks like? They're saying it's a four point. Three percent mortality rate. That has a lot of people on edge went. What do you think is actually happening? Worldwide? And what do you think is happening here in the United States right now? Well this virus still seems to be on the upswing both in the United States and worldwide I would sound a note of caution about the mortality figures. I think the figure he started with three point four yesterday. The challenge with that is. We don't really know that denominator on that yet so we have a better idea of how many people have died. Then how many. Total total cases. There are In general with these kind of outbreaks. You do see some decline over time as we get a better picture of cases I think the most concerning thing right now in the United States is we now have cases in multiple metro areas. We've got cases in greater seattle. The Bay Area L. A. New York City and a number of other states as well and we still don't have anywhere near full visibility on total cases in the US because of the testing shortfalls. So what we're seeing so far in terms of official case numbers in the. Us is probably just the tip of the iceberg at the same time we we haven't really seen travel restrictions in the United States like we saw in China when they first started at least reporting the problems that were there they. They shut down the entire province in all the areas around that. We're we're not going to see those similar sorts of shut down here because of civil liberties here correct. I don't think the US could or frankly would want to do. Exactly what China did. We are beginning to see in Seattle new. What is called social distancing measures? Which is basically trying to keep people from interacting in higher risk ways So that's things like canceling gatherings advising people to avoid transit. Microsoft has just advised most of its personnel in the Seattle area in the bay area to work from home for the next three weeks. I think we are in for more of that. We are now looking at what China did though in saying because they were so extreme in that shutdown it probably kept it from getting around the globe faster that we bought us a few weeks at least to try and prepare for some of those issues. If the United States is not going to do those measures. What does that mean is it mean? Inevitably it's going to spread here in the United States. Well I think. Us spread is is inevitable. The question is how far. How fast and can we keep that spread to a manageable rate so that it doesn't overload? Us hospitals? I think that's really. That's really the game in the. Us going forward the challenge. Right now is we don't really know. Yet how best to apply the lessons from China to the US context. China took a sledgehammer approach to this. We've seen a different model in Hong Kong and Singapore where they've taken more of a scalpel approach more fine grain more targeted and has proved effective. There those are of course both very small city states in effect so the US approach is probably going to be somewhere in the middle. I think the biggest concern right now is we're still not hearing any sort of queer plan from the federal government for what they expect that to look like and secretary as our yesterday was still claiming incredibly that he thinks there are only one hundred cases in this country. Well that was the point that Dr Scott Gottlieb the former FDA commissioner made with yesterday that this is kind of being left up to the local authorities. His point was that the New York state authorities were being much more proactive than the authorities out in Seattle. The Washington state authorities at that point. So if this is piecemeal what happens? Piecemeal was a real problem. We want to have a consistent approach. You don't WanNa have you don't WanNa have some points in your armor that stronger and others that are weaker. And that's that's what we appear to be heading towards right now. I worked on the response back in two thousand fourteen and we saw at the at the outset of that we in the federal government left a vacuum in terms of sufficient guidance for the states and we began to see on things like travel measures states began to freelance and do their own thing. The government then stepped in provided guidance. On what to do with travelers in the states then got on board with that and we had a consistent national approach. We have not seen that yet from the federal government on this emergency despite the fact that it is posing far greater threats to the homeland than I ever did. When you say that at this point our goal would be to try and keep the cases to a level that the US hospital and healthcare system can handle. What what does that level boy? It's it's not a very high level a couple of years ago during a particularly bad flu season. Us hospitals were some US hospitals. That were hard hit. We're treating people on GURNEYS and hallways and setting up surge tents outside their buildings just to keep up with the case load from flu. We are still in high flu season right now. So there is not a lot of spare bandwidth within the US hospital system and we're already hearing from Seattle that just with the you know the about forty to fifty cases that have been identified in Washington. State that already is putting enormous strain on the health system there. You can imagine what would happen if we began to see numbers more. Like what's happening in Italy. Or Ron Jeremy. Thank you for your time today. Journey Conan dike is the senior policy fellow from the Center for Global Development. He's also the former director of USA. Thank you for your time. Thank you next on. Squawk POD real estate billionaire and motorcycle enthusiasts Sam Zell our yearly motorcycle trip in Italy. Don't think we've got Italy and is the corona virus impacting real estate. Douglas Element Chairman Howard. Lorber says not yet. The shocking that are open houses broke his against a pack. Back after this this CNBC podcast is brought to you by TD AMERITRADE. Investing isn't one-size-fits-all every investor has a unique style. That's why TD AMERITRADE offers two different mobile APPs there's TD ameritrade mobile which lets you manage your portfolio with streamline simplicity or thinker swim mobile which gives you tools you need for more advanced trades and in-depth analysis visit td. Ameritrade DOT com slash APPs to find the one? That's right for you once again. That's TD AMERITRADE DOT com slash APPs. Welcome back to Squawk POD SAM's out is a real estate titan. He's the chairman of Equity Group investments. Which you might know if you've ever lived in an equity residential condo building in Chicago or New York Same Company. He's a self-proclaimed professional opportunists and grave dancer meaning he's always spotting and cashing in on other people's mistakes. And he's been doing this with that moniker. Since the Nineteen Seventies Sam is also famous for colorful language even on air even to elected officials..
"real estate mogul" Discussed on Talk 650 KSTE
"Real estate mogul will stand trial for murder, California. Judge has ordered Robert Durst to go before a jury for allegedly killing a close friend in LA's Benedict canyon neighborhood eighteen years ago. I is accused of murdering Susan Berman in two thousand s she was set to be questioned by New York police about the nineteen eighty-two disappearance of Durst. First wife, the 75-year-olds pass was detailed in an HBO documentary series. A California man is behind bars in Los Angeles for allegedly killing a moped rider in a hit and run crash. Roberto Garcia Martinez was arrested Friday on an unrelated warrant police are now looking for a woman believed to be in the car at the time of the wreck. We just need to be able to close this up for the get some Justice. The case is slated to be presented to the district. Attorney on Tuesday, Colin Kaepernick, new Nike shirt is already sold out. Kapernick long-sleeve blacktop reads believe in something even if it means sacrificing everything fans of the former San Francisco forty Niners say there are still a few dozen of the. Fifty dollars shirts left at select indie fashion shops kapernick hiring by Nike for its ad campaign. Drew controversy after his kneeling during the national anthem in protest of racial injustice and stock up on chocolate. Now Hershey announced it is going through with a planned price increase early next year to offset increases in commodity and shipping costs. The candy company said it would raise prices of some of its products by about two and a half percent. It also has other changes in the works, including a recess thins. Which would be a forty percent slimmer peanut butter Cup. Richard Jordan, NBC, News Radio Roseville. Toyota just continues to grow. Now. The all new Roseville Toyota, certified center is open and the Roseville autumn. All discover.
"real estate mogul" Discussed on News Radio 690 KTSM
"New York real estate mogul will stand trial for murder, California. Judge has ordered Robert Durst to go before a jury for allegedly killing a close friend in LA's Benedict canyon neighborhood eighteen years ago. I is accused of murdering Susan Berman in two thousand as she was set to be questioned by New York police about the nineteen eighty-two disappearance of Durst. First wife, the seventy five year olds pass. Was detailed in an HBO documentary series. A man is behind bars in Los Angeles for allegedly killing a moped rider in a hit and run crash. Roberto Garcia Martinez was arrested Friday on an unrelated warrant police are now looking for a woman believed to be in the car at the time of the wreck. We just need to be able to close this up. We'll get some Justice. The case is slated to be presented to the district. Attorney on Tuesday, Colin kaepernick's. New Nike shirt is already sold out. Kapernick slumps leave blacktop reads believe in something even if it means sacrificing everything fans of the former San Francisco forty Niners say there are still a few dozen of the fifty dollars shirts left at select indie fashion shops kapernick hiring by Nike for its ad campaign. Drew controversy after his kneeling during the national anthem in protest of racial injustice and stock up on chocolate. Now Hershey announced it is going through with a planned price increase early next year to offset increases in commodity and shipping costs. The candy company said it would raise prices of some of its products by about two and a half percent. It also has other changes in the works, including a rhesus thins, which would be a forty percent slimmer peanut butter Cup. Richard Jordan, NBC News Radio. The US Drug Enforcement Administration has announced national prescription drug take back day on October twenty seventh..
U.S. judge suggests he may dismiss Stormy Daniels lawsuit against Trump
"We got a judge appearing likely to toss. The stormy Daniels lawsuit against Trump judge James or Terrel sitting US district court that a tweet the president wrote in April appears to be rhetorical hyperbole and speech protected under the first amendment stormy Daniels, whose real name is Stephanie Clifford sued Trump in April after he said a composite sketch of a man she said threatened her in twenty eleven to keep quiet about an alleged affair with a real estate mogul was a con job. Trump tweeted the man was non existent, and the Daniels was playing the fake news media, for fools. He reached tweeted a side-by-side photo comparing the sketch with a photo of her own husband. That'll said he would rule later. But the Trump's statements seemed like an opinion and speech protected under the first amendment him says to allow the complaint to go forward, and to have one considered this to be defamatory in the context that was made whatever chilling effect attorney Ken white who blogs about the case talks about it. On the podcast all the president's lawyers says he thinks wrote a tentative ruling that he would finalize an issue soon. If Daniels defamation case is thrown out. It would be similar to a ruling by New York state judge who dismissed a lawsuit by a political strategist who claimed her reputation was trashed when Trump falsely said she had begged for a campaign job and called her a dummy on Twitter. So this is what we're doing for you beg for campaign job in your dummy. I'm going to sue the court, basically said it's Trump. It's twitter. We know he's known for throwing around insults. And this can't be understood as anything other than exaggerated rhetoric white set of the New York games. Now, Michael Abernathy said outside the court that he would appeal at the defamation suit was dismissed they said, it was ironic that Trump was has relied on the first amendment to shield him from legal trouble. He said I witnessed something here today that I never thought I'd witness that is Donald Trump having a lawyer stand up in a federal court and a spouse on his behalf the virtues of how important the first amendment is in America. This is the same Donald Trump that is crap all over the first amendment and the news media for
"real estate mogul" Discussed on KDWN 720AM
"See i saw the housing price the bubble happening when to two friends of mine who are wonderful people but not in the financial world not the economics world one was a very good mechanic and another gentleman was a lineman for the the power company very they've made good wichita lineman okay both very good jobs they were good they were wonderful people but they started believing that they were real estate geniuses and that it was they were getting into it because everybody can make money in real estate and that scared me and that was about late two thousand six i said okay we are now near the top because when the average person thinks that they can get into and become a genius in the financial world even supposed to genius is in the financial world are geniuses they get lucky more than that but unfortunately when the average person starts saying i'm a stock picking whiz while i'm a real estate mogul that's that's a sign it's not a put down of the quote unquote average no it's just it's like me going in and working on an engineering project and thinking that i could do that just because i got one thing right or it's it's got a program that can help me out i don't know everything that's going to happen outside all the external forces that could have impacted or what's going on i wasn't paying attention to any of that i can't just jump into a new area and expect it to be an expert in it right away and become a mogul it just doesn't work then what is so many people out there have so many opinions about all kinds of different things that they have no idea what they're talking about because that's politics no economics general politics in particular little world and so our little world say i know i know i know maybe three percent of what it is so i'm gonna just extrapolate this and tell everybody i know one hundred percent anyway not to get into that but the point is that if that that.
"real estate mogul" Discussed on How I Built This
"Your partner yes ezra my business partner we're doing the corcoran report numbers one night which took us hours because we wanted to have accurate numbers very particular of us i don't know why my first report had no accurate number it was just by then we're very respectable and making sure over numbers are accurate and we also did monthly a report of who control the market share on listings because his was no mls in new york still many the multiple listing service at showed you who had what listings like you couldn't just go to one place to see all the listing no and we broke the market into price categories and east and west side of town downtown so we had those categories and we would go through the listing count together and she'd say five seventy five over west side i put a stroke but we had a categorized by all the top agencies in town the top seven and then that night we did all the add up and we could clearly see that corcoran was number one we had more listings in every category from the highest to the lowest uptown downtown east west not by a lot but a smidgen over brown harris douglas element and i turned to s jason let's sell this join just like that big thoughtful move but also to be a fair it was a first year that i had made over million dollars myself and i figured it's probably were something you sold for sixty six million dollars shush because i remember being on a ski lift with my roofer brother john who still lives in water we were out new tie think and we're going up at chairlift and i get on my cell phone call from my attorney who said i've got great news he said i have an off of twenty three million dollars seed it i said to twenty three million dollars he goes yep twenty three million dollars all cash and i said to great comeback when you get sixty six million cash and he said why sixty six million i said because it's worth it and i hung up and i said to my brother john twenty three million of that john maginness having twenty three dollars.
"real estate mogul" Discussed on How I Built This
"Oh well i was really on the brink of declaring that it was over but i was ashamed and trying to make back the money i owed to various suppliers like my agency the new york times but i over three hundred thousand dollars and there was no business coming in there was no business now when the market stops it's like the silence yeah it's a terrible terrible the end you have to remember you have sales people many of them supporting the family who have no money that's the worst part never mind the business it's the pressure on the people did you have to let people go oh my gosh i always let people go anyway but it was interesting i had my mother working for me then for two years of my life because all of our kids are grown and she was working at the five and ten on two hundred fifteenth stream walking across the george washington bridge and was getting older and said mom you can't do that you got to come to work with me she's she was delighted so she was the file clerking boy did she keep god she kept great file she color coded them tag them she was a genius at that but anyway when the shit hit the fan which is what my mother always called it by the way i get it from her my filthy mouth she came to me and she knew i had a fire people because you could just see everybody knew something was gonna shake out and it was fast and she said one should publicly fire me if you fire me that she said no one else could be angry with you and you fire them and she was right that's what genus so at that monday morning meeting we always had at nine thirty i said you know it's no surprise how bad things are we're gonna have to make a lot of changes and it's going to be very hard for me to do the hardest change of wolves me fire my mother is i can't afford to keep her on.
"real estate mogul" Discussed on How I Built This
"No i was great at renting apartments however i realized that if i were to continue to sell because it's time consuming a great salesperson very time consuming i realized that if i were to continue doing that i could only bill my business on the side and i just took a leap of faith especially when i sold david palmer to apartment sidebyside for total value of a little bit more than three hundred fifty thousand which today would be the equivalent of say ten million dollar proper yeah it was a landslide victory for me i took that check i remember collecting from the developer eighty ninth street and walking it to sixtieth street and my office was skipping down madison avenue and seeing georgie girl to myself i quit that day sales and i decided to use that money to hire three new sales people right there i knew i could afford it and then i hired six more and then ten more and then before you knew we had a thousand people i don't want to make it sound like it's overnight but it was just that say methodology whenever i had spare money i would divide it by overhead monthly figure out how many bodies i could afford a mother paying for the kids and then i would go out and hire that many people yeah that's it was a simple formula i never changed and it was really very useful i'm wondering i mean sounds like like in the first few years there was you know quite a bit of success but i mean in a short period of time you must have hit the the stock market crash of nineteen eightyseven riding huge rash i mean how did that affect your business that was a bloodbath for a good reason when the economy crashes or even really waivers a terrible thing happens if you're in the real brokerage business of buyers and sellers do nothing nothing is terrible for brokerage a big sellers market is great because his action of a horrible market is great because people have to sell but in the beginning when nothing happens you go out of business well what happened was the great majority of my competitors went out of business the bad news to that is it's hard to stay in business very good news and that is i realized i lost half my competitors that's a motivator would happen to you guys.
"real estate mogul" Discussed on How I Built This
"You were running this from your from from that apartment derived no no oh no no no i had an office i initially ran corcoran simone on a from an apartment i shared with two roommates on eighty sixth street but then when i could afford to i subleased desk from an accountant on east sixtieth street and by the time a we moved into ramon simone's mother's house we still had the office on sixtieth street we we already had i guess maybe ten or eleven deaths occupied by rental agents so you were going into manhattan every day yes it was like it was like the land of oz you know the minute i stepped foot into manhattan i i saw for what it was like where have you been all my life well this is like the the violent nineteen seventies in new york when you work was bankrupt like the son of sam air like what was it like to was was it hard to to get tenants to rent a me it's crazy to imagine today of course but back then was it was it hard to get people to rent no it saved my ass in those days was you had corporate america very well implanted in midtown granted it was dangerous you wouldn't dare park your car on the street you know it gets broken into sirens or always going everywhere so was not easy but fortunately you had employee's young employees coming into new york city who had to live there working for these corporations if not for that i don't think i would have stayed in business because i went door to door and knocked on all these corporate personnel departments to try to get business i saw with traffic was coming from and i had great accounts that fed their people to me one after another after another and so i had a huge edge over my other small competitors because i had a steady stream of people coming at me that was key or i don't think i could have stayed in business.
"real estate mogul" Discussed on How I Built This
"I just looked not the part but i bought the fanciest damn coat of brown or white harring bowl was real pearl but it was down three quarter length for real for not fake fur and i wore that co for the next three years and you want to know it was a smartest thing i could have done with the money because in and i felt powerful just felt like on cool man who girl i invite the what did you would you best call a business it was called corcoran simone yet with an accent on the simone i kept the accents i really thought it was pretty sophisticated because because raymond on part of this right yes so so why you were like why you were going out and working as an agent to rent apartments raymond's monday we'll ramon simone simone little flash their ramon simone was building one family houses in new jersey usually clusters of three or four houses and making a very good living and that went on for probably three years or so as i recall and then one day we drove to his accountant's office in hackensack new jersey and he had me wait in his car with the car rennie comes out he said well guess what i'm bankrupt what i thought it was a joke and when moved immediately out of his fancy apartment and moved into his mother's hackensack house and that was the bed years where we he kind of had to go not undercover but how to come up from the earth all over again and he did he was a great entrepreneur but it took about three years and those were the very very tough years but lucky for both of us the rental business was paying for itself and we're able to eat out a salary.
"real estate mogul" Discussed on How I Built This
"From npr it's how i built this a show of that innovators entrepreneurs idealists and the stories behind the movements they built i'm guy roz and on the show today how a jersey girl conquered the streets of manhattan built a real estate company worth millions and then reinvented herself as a shark on shark tank one of the most surprising things about the entrepreneurs we've interviewed so far at least surprising to me is that most of them aren't necessarily book smart street smart yes all of them but only a handful of the people we've had on went to elite universities or were academic geniuses most of them that just figured stuff out along the way and use the tools they had which brings us to barbara corcoran who is probably the most likeable shark on the tv show shark tank as you're about to hear barbara wasn't the best student in fact she didn't excel at school at all but what she had or rather has is something so much more valuable charisma it's how she'd eventually build one of new york's most successful real estate firms but more on that later barbara grew up poor big irish catholic family nine brothers and sisters a cramped apartment in edgewater new jersey but even though they had almost nothing is she remembers a childhood that was basically happy i mean we all had our issues as every family does but it was well organized my mother was like a drill sergeant so even though we all lived in such close quarters it was meticulously cleaning everything was put in order where my mother snapped her fingers i think we had a side yard which we controlled it was a skinny little side yard but most of the house in edgewater were back to back so we felt wealthy even though we're renting the ground floor we felt wealthy by comparison and also my dad was a printing press form how to wear a suit tour in every other guy in the town seemed to work for the luma factory or the coffee company in uniform so i kinda thought of us as like the kennedys like whoa we were something at school it was a different story barbara struggled a lot but every day when she get home.
"real estate mogul" Discussed on Radio Free Nashville
"And real estate moguls like donald trump to slash the pass through tax rate they pay on their business income dropping it from forty percent to fifteen percent fifteen percent is what a middleclass person pays do you think people are donald trump should pay a tax rate that someone making sixty thousand dollars a year pays v the plan also creates an international race to the bottom on corporate tax rates that the united states cannot possibly win one of its supposed attractions is it makes us corporation taxes more competitive internationally but we can't match the rates in tax havens which are often zero and other countries will just lowered their taxes in response that's what happened after nine hundred eighty six the last time the united states cut corporate tax rates number six american corporations don't need a tax cut there already hugely competitive as measured by their profits which are near hefty pay packages and to buy other companies in order to raise their stock prices there's no reason as opposed they'll do any different even with more prophets so don't fall for trump's corporate tax plan it will be a huge windfall for corporations and billionaires like many of trump's own cabinet members family members and likely trump himself though because he won't release his taxes how much enrich himself from his own tax plan we do know who will lose the rest.
"real estate mogul" Discussed on The Pat McAfee Show
"All right there's the group is picture very i still alive is wikipedia isn't alive lazy or side i what's he doing now fifty three year old man he looked like it was 53 what he did as an blinked since 1998 really raise in this guy like do they could percentages other companies that they so they have low early would have to it's good question when you go on shark tank asks what's your name qvc but she knows the the item that we are selling could get bought by the qvc uh laura laura granier lorry greiner rainier rainier yeah like the mountain yep rainier i'll tell you what the ladies on there are impressive in sharp release during offing they're so impressive in there just shooting people down to the uh the uh barbara barbara barbara i enjoy her a is not real estate mogul does not dabble much but when she gets it she's gonna win the guy on the other side the always has the best suits rob rob rob there's names alyan see what the get hair yeah yeah like hey here is it rob robin south broader undertaking choppers aside chicks house adjourned ethnic he doesn't go in on as much because he doesn't have as much money as the other ones for sure yeah but i don't think you need that much money to get through an episode of shark tank and i'm saying a from watching and being like i feel like i could make some of these investments release four episodes realized that he was signed on for probably like sixty absorbs is probably the budget perhaps oda your apray go watch yourself via like what if a big one comes next episode blue all your load who goddamn there he has rajic hercegovac he was the son of the says it will ensure who has always shia.
"real estate mogul" Discussed on WSB-AM
"Mount this thing on your dash and it's running a cake great and i i love these things because there are so many cases where as an example let's say somebody's and of fearing lowspeed accident and it's your fault and the other person somehow is now claiming after they see an ad on bad tv for one of those lawyers say they're gonna make you rich following an accident that suddenly they have all kinds of injuries from the accident the video is fantastic and cuts the lawyers off at their knees not literally just figuratively and you have wonderful wonderful defence to provide your insurer or if there's a lawyer who ends up defending you you've got that and that's why the dash cam can be very valuable even if you are the party at fall chris is with us on the clark howard show hello chris hey court chris you are a real estate mogul to be by what he up to if there either the purchased by first rental property a few days ago well that's great did you pay cash for your take on alone cookout alone and do you think you're going to be able to get enough rent from your tenant to be able to cover that mortgage and the various ancillary expenses yet third of via a little over three hundred in a positive every month from the beginning effort okay your genius will mathematically that's not really suppose to happen unless you find uh opportunity for a needle in a haystack distress property so good job to you how can i be of help with you being a new landlord the affair i had a question um i forget what you say about whether or not i should uh looking to footing listening to an l l c or is finally to is uh.
"real estate mogul" Discussed on Clark Howard Show
"A backup camera in your vehicle they also have backup camera capabilities as part of the package do you have to professionally install get these are dolled no the winds of forgetting the ones that have the backup camera just a regular dash cam the time to install it in your car is the time it takes to get the antishoplifting packaging off of it okay because once you have it open all you do is you put in the um the power cord into the dash cam plug it into your cigarette lighter and the car to even column that anymore the power outlet in your car and you mount this thing on your dash and it's running a cake right and i i love these things because there are so many cases where as an example let's say as in of fearing lowspeed accident and it's your fault and the other person somehow is now claiming after they see an ad on bad tv for one of those lawyers say they're gonna make you rich following an accident that suddenly they have all kinds of injuries from the accident the video is fantastic and cuts the lawyers off at their knees not literally just figuratively and you have wonderful wonderful defence to provide your insurer or if there's a lawyer who ends up defending you you've got that and that's why the dash cam can be very valuable even if you are the party at fault chris is with us on the clark howard show hello chris pay court chris you are a real estate mogul to be at by what he up to the affair at if purchased by first rental property a few days ago.
"real estate mogul" Discussed on Clark Howard Show
"Riding a bike then he does riding in a car driving his car and this is something i've had a fascination about ever since i wrote the book clark howard solving large and wing times back during the great recession and then i profiled a couple in living large for the long haul the wiz commuting by bike in order to pay off a mountain of student loans and they are in illinois in a rural area and we're doing long bite commutes but by eliminating the cost of automobiles they were able to pay off six figures of student loans in just a few years by diverting all the money that would have gone to transportation to paying on the student loans in jolo's case jole is a real estate mogul rich beyond his imagination and he's been able to do that at thirty two years own thirty i'm always a year off on how old you are why just look younger the gets it so it thirty three you have three homes right correct an and you just add more and more money into your life all the time you always by older used cars i mean you're very careful with your money but now you're riding an electric bike yet part of it i think of the expense of a car it when you when you actually consider how much a car costs right now have an electric cars will cost way less than than most cars to run a and to fix but when i think about the taxes in the insurance and stuff that are paying on that car i live about seven and a half miles from work and i decided initially to get this electric bike.
"real estate mogul" Discussed on Side Hustle School
"Meaning hello and welcome to side hustle school we are beginning an all new week i could not be more excited episodes one sixty three through one sixty nine coming up we're gonna start with a really interesting wanted day now listen today stories about football specifically american football and i will say right off the bat that i am not a huge football fan myself meaning that i'm not a fan at all but obviously i do pay attention to popular culture i am somewhat aware that there is this time of year that comes around i think it's like january or february and during this one particular weekend it really affects my life because chips in salsa can be hard to come by at the grocery store during this weekend which is of course a tremendous hardship anyway enough about me whether you like football or not this is interesting because this is the story of a dallas flight attendant site now we actually have a lot of flight attendants and pilots were listening to the show a couple of you have said high to me on flights which is pretty cool and i also just think it's great that you guys are working so hard travelling all the time but also thinking about your side hustle and back to the story this is about a dallas flight attendant who capitalizes on the football craze specifically super bowl weekend byproviding house rentals for tourists and other visitors to the city wherever the super bowl is held and she does this without being a real estate mogul herself so she doesn't actually own these properties as another interesting point but let me not give away the whole story right away there is some background and i i'm asking listeners how do you move forward when you get stuck when you having trouble making progress do you have a tip like how do we get a little bit closer to that thing that we're working on i talk about that in different ways but i wanted to hear what you think.